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Required information Whe following information appoles to the questions displayed boiow) Jorginsen Lighting. Incomorated. manuactures heavy duty sueet fighing wystens for municlpalities. The company uses

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Required information Whe following information appoles to the questions displayed boiow) Jorginsen Lighting. Incomorated. manuactures heavy duty sueet fighing wystens for municlpalities. The company uses variable cosing for internat management reports and absorptian costing for external reports to shareholders, creditors. and the government. The comparty has provided the following data: The corppany's fived manutacturing ovethead per unit was constant at $550 for all tfee yeark. Assume in Year 4 that the compary's varlabie coseng net operating income was $240.000 and is absoiption costing net operating icome was $780000 a. Dd imentanies increase or decrease tharing Year 4 ? a. How much flowed manudacturing owerherad cost was deferred or feleased from irventory duing Year 4 ? Camplete this questaia by eatering your anvwers in the tabs helow. How much fixed inanufacturing ovesboad cost was defarred of relessed from inventory diaing Year 4

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